227
Analyst

Key option levels for Wednesday, September 7th

 


EUR/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 102 ↑ + 138 807 ↑
Closest resistance levels 1.1268/78; 1.1295; 1.1323; 1.1361
Closest support levels 1.1236; 1.1214; 1.1182; 1.1141
Trading recommendations
Baseline scenario Short EUR/USD below 1.1236, with target points at 1.1214 and 1.1182
Alternative scenario Moving above 1.1268 can be considered as a signal to buy the pair, with target at 1.1295 and 1.1323

 


GBP/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 1 275 ↑ + 1 096 ↑
Closest resistance levels 1.3448; 1.3469; 1.3491; 1.3523
Closest support levels 1.3371; 1.3335; 1.3292; 1.3246
Trading recommendations
Baseline scenario (High risk of reversal) Short GBP/USD below 1.3371, with target points at 1.3335 and 1.3292
Alternative scenario Moving above 1.3448 can be considered as a signal to buy the pair, with target at 1.3469 and 1.3491

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 4 240 ↑ + 2 668 ↑
Closest resistance levels 102.20(32?); 102.54; 102.85; 103.25
Closest support levels 101.55 (critical); 101.25; 100.86; 100.42
Trading recommendations
Baseline scenario Long USD/JPY above 102.20, with target points at 102.54 and 102.85
Alternative scenario Moving below 101.55 can be considered as a signal to sell the pair, with target at 101.25 and 100.86

 

Scroll to top